Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Russian Federation
RUSFCLODCHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,276,146,497,000.00
Year-over-Year Change
452.12%
Date Range
1/1/2004 - 1/1/2020
Summary
This economic trend measures the outstanding deposits held by households at commercial banks in the Russian Federation. It provides insights into the public's use of financial services and the overall health of the Russian banking system.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The outstanding deposits by households at commercial banks is an important indicator of domestic financial activity and consumer confidence in the Russian economy. It reflects the level of savings and liquidity within Russian households.
Methodology
This data is collected by the Central Bank of Russia through surveys of commercial banking institutions.
Historical Context
Policymakers and analysts use this metric to assess the financial stability and inclusion within the Russian economy.
Key Facts
- Russia is the largest economy in Eastern Europe.
- Household deposits account for over 40% of total bank liabilities in Russia.
- Deposit growth in Russia has remained positive despite economic volatility.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding deposits held by Russian households at commercial banks, providing insights into domestic financial activity and consumer confidence.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing the financial stability and inclusion within the Russian economy, as household deposits are a key indicator of banking system health and consumer liquidity.
Q: How is this data collected or calculated?
A: The data is collected by the Central Bank of Russia through surveys of commercial banking institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the financial stability and inclusion within the Russian economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Central Bank of Russia, with some potential for delays due to the survey-based collection process.
Related Trends
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Russia
IDS1YMAORIAIRU
Number of Identified Exporters to Russia from North Dakota
NDRUSA475SCEN
Bank's Return on Equity for Russian Federation
DDEI06RUA156NWDB
Value of Exports to Russia from Michigan
MIRUSA052SCEN
Producer Prices Index: Type of Goods: Investments Goods: Total for Russia
RUSPITGVG01GPM
Gross Domestic Product Deflator for Russia
NGDPDIXRUA
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Russian Federation (RUSFCLODCHXDC), retrieved from FRED.